140 N Weakley StFlorenceAL35630
INVESTMENT ANALYSIS
Investment Verdict
Solid Income140 N Weakley St, Florence, AL, 35630 in Florence is a solid income-producing rental, 9.03% gross yield, $827/mo rent, $207/mo net cash flow on a $109,900 buy. DSCR 1.67 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $30,363 and $1,012/yr in principal reduction project a total cumulative return of $54,748.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $207 | $400 |
City averages based on Florence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $827 |
| Total Monthly Debt Service | $577 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35630, Florence, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,154 (100%) |
| Owner Occupied HU | 6,455 (37.6%) |
| Renter Occupied HU | 8,765 (51.1%) |
| Vacant Housing Units | 1,934 (11.3%) |
| Median Home Value | $192,213 |
| Average Home Value | $243,941 |
Housing Distribution
Address Breakdown
Residential
15,486
Single Family
13,092
Multi-Family
2,394
Businesses
1,907
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1984
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35630, Florence, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,154 (100%) |
| Owner Occupied HU | 6,455 (37.6%) |
| Renter Occupied HU | 8,765 (51.1%) |
| Vacant Housing Units | 1,934 (11.3%) |
| Median Home Value | $192,213 |
| Average Home Value | $243,941 |
Housing Distribution
Address Breakdown
Residential
15,486
Single Family
13,092
Multi-Family
2,394
Businesses
1,907
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erica Hubbard • Stutts Properties, Inc
Mls Name: Strategic MLS Alliance
Mls ID: #523834
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.